Saturday, July 27

Tag: Nigeria

Fraudsters In Nigeria Forged Ex-President’s Signature To Steal Sh964 Million From The Central Bank
News, World

Fraudsters In Nigeria Forged Ex-President’s Signature To Steal Sh964 Million From The Central Bank

Nigeria is seeking Interpol’s help to arrest three suspects who allegedly stole $6.2m (Sh964m) from the central bank, using the forged signature of then President Muhammadu Buhari. Authorities believe that the suspects conspired with Nigeria’s former central bank chief Godwin Emefiele. He is already on trial on 20 charges, including illegally receiving the $6.2m. Mr Emefiele has denied all the charges, and is currently out on bail. He is the most high-profile former official to be charged with corruption since President Bola Tinubu took office last May. Prosecutors also allege that Mr Emefiele unlawfully authorised the release of the money from the central bank vault. In a statement last December, he described the allegations as “barefaced lies told by the inv...